Mattioli Woods (LON:MTW)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity in a research note issued to investors on Tuesday. They presently have a GBX 860 ($12.06) target price on the stock. Canaccord Genuity’s price objective indicates a potential upside of 14.51% from the company’s previous close.
A number of other analysts have also commented on MTW. Canaccord Genuity Group reaffirmed a “hold” rating and issued a GBX 840 ($11.78) price target on shares of Mattioli Woods in a research note on Friday, November 3rd. Shore Capital reaffirmed a “hold” rating on shares of Mattioli Woods in a research note on Monday, January 8th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 821.25 ($11.52).
Mattioli Woods (LON:MTW) traded down GBX 26.50 ($0.37) during trading hours on Tuesday, hitting GBX 751 ($10.53). The stock had a trading volume of 10,431 shares, compared to its average volume of 3,780. The stock has a market capitalization of $192.45 and a price-to-earnings ratio of 3,004.00. Mattioli Woods has a 52-week low of GBX 750 ($10.52) and a 52-week high of GBX 872 ($12.23).
In other news, insider Ian Thomas Mattioli acquired 63,080 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was acquired at an average price of GBX 793 ($11.12) per share, for a total transaction of £500,224.40 ($701,380.26). Also, insider Nathan James McLean Imlach sold 21,231 shares of the stock in a transaction on Monday, November 13th. The stock was sold at an average price of GBX 794 ($11.13), for a total value of £168,574.14 ($236,363.07).
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About Mattioli Woods
Mattioli Woods plc is engaged in providing pensions consultancy and administration services primarily to owner-managers, senior executives and professional persons in the United Kingdom. It offers a range of services namely wealth management, employee benefits and intermediary services. Wealth management services include: financial planning, which provide wealth building and trust planning; investments, which include portfolio management, structured products and individual savings account (ISA); pension, which provide self-invested personnel pension and small Self-Administered Scheme(SSAS); property, which includes real estate investment trust (REIT), mortgage advice and legal services, and Protection, which includes life insurance and income protection.
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